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Indian Army s Pursuit of High Mobility Vehicles to Support Heavy Artillery – Indian Defence Research Wing

Indian Army s Pursuit of High Mobility Vehicles to Support Heavy Artillery – Indian Defence Research Wing
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Ashok Leyland Q1 net profit soars 747% to Rs 576 crore

The Chennai-based CV maker had posted a 17% year-on-year (YoY) drop in net profit during Q4 FY 2022-23 to Rs 751.41 crore. It’s revenue from operations increased by nearly 33% YoY to Rs 11,626 crore.

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Ashok Leyland Q1 net profit soars 747% YoY to Rs 576 crore

The results were aided by a focus on performance and costs, the company said in a statement. Its shares jumped 3.3 per cent to Rs 181.45 on the BSE after the announcement.

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Indian Army orders Ashok Leyland vehicles worth Rs 800 crore

Ashok Leyland has received orders worth Rs 800 crore from the Indian Army. The contract includes the procurement of the Field Artillery Tractor (FAT 4x4) and the Gun Towing Vehicle (GTV 6x6).

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Ashok Leyland bags defence orders worth Rs 800 cr from Indian Army

Ashok Leyland bags defence orders worth Rs 800 cr from Indian Army
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